Gasoline

Gasoline Prices Flat at $2.49

The national gas price of unleaded gas remained flat at $2.49 from last week, maintaining what were the highest gas prices to start the year since 2014, according to AAA.

The average price for gas is 12 cents more expensive than the same time in 2017, though consumer demand has declined. If this trend continues, gas prices should start to decrease, according to Jeanette Casselano, AAA spokesperson.

The average fuel economy of new vehicles sold in the U.S. in December fell to 25 mpg — down 0.2 mpg from a revised November value, according to Brandon Schoettle and Michael Sivak, researchers from the University of Michigan's Transportation Research Institute (UMTRI).

The national average price of unleaded gasoline jumped 5 cents to $2.49 per gallon in the first week of 2018 and has reached a level not seen since 2014 during the week that starts the new year, according to AAA.

China is setting a deadline for automakers to end the sale of fossil-fuel powered vehicles as the country looks to reduce oil consumption and pollution and push for the development of electric vehicles. Regulators are working on a timetable for the ban.

The average national price of gasoline remained at $2.29 per gallon for the week ending March 27 amid discussion by the Organization of the Petroleum Exporting Countries (OPEC) to extend a production cut by another six months.

Ford's revamp of its F-150 features two new engines, including a second EcoBoost that offers the best fuel efficiency for the full-size pickup. This 2.7L EcoBoost produces 325 hp and 375 lb.-ft. of torque. We tested it in this SuperCab Lariat model. Read our driving impressions here. Photos by Vince Taroc.